Los Angeles Rents Are Going Down

Rents in the Los Angeles-Long Beach-Anaheim metro are easing as 2025 comes to a close, offering some relief in one of the nation’s most expensive rental markets.

The Realtor.com® November 2025 Rental Report shows that asking rents are moving lower after years of intense pressure, though costs remain high by historical standards.

For Southern California renters, the shift signals cooling—but not affordability.

Los Angeles rents decline, but costs remain elevated

Los Angeles-Long Beach-Anaheim posted a 2.0% year-over-year decline in median asking rent for 0- to 2-bedroom units in November. That drop places the metro firmly in “rent is going down” territory and reflects a broader correction after the post-pandemic surge…

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